Investment - In Brief

Investment

In Uganda, Multichoice launched two new mobile TV services, DStv mobile and GOtv mobile. The commercial launch comes a few months after a successful pre-launch that saw the mobile TV services made available to a selected group of key stakeholders. The mobile TV devices include the Walka 7, Walka 4.3 and Walka 3.5, which are 7, 4.3 and 3.5 inch mobile TV handsets. MultiChoice also launched the Drifta. The Drifta is a mobile TV decoder that receives mobile TV broadcast signal and relays it over Wi-Fi to a range of Wi-Fi capable devices such as laptops, PCs, tablets and Smart phones. Three types of Driftas were launched: iDrifta, Drifta Wi-Fi and the Drifta USB. According to Charles Hamya, the General Manager Multichoice Uganda, the launch of mobile TV devices showed that MutiChoice was committed to innovation and provision of quality services in the Ugandan market. Source: The Observer (Kampala), D. Ogwang, 20 Aug. 2013.

The National Television of Burkina Faso, RTB, celebrated on 05 August 2013 its fiftieth anniversary. It was the first public channel created by a French-speaking country after independence in West Africa. Read the story on Jeuneafrique.com

In a new initiative called Africa Connected, search engine giant and content aggregator Google is calling on Africans to share their stories about how their lives have been positively influenced by the internet. Five successful entrants will win $25,000 each. Source:Screen Africa

20 Sept 2013: Nigeria’s football League says it has secured a television rights deal worth $34 million with satellite broadcaster Supersport. Organisers of the league, the League Management Company (LMC) announced the deal via their twitter handle on Monday. The deal between the LMC and Supersport is reportedly worth about $34 million and will commence from 2015 till 2019. While details are still sketchy, the LMC promised to provide more information “soon”. Source: Ventures Africa

The Media Shop MD Chris Botha says it may cost millions per day to run Africa News Network (ANN7) which launched and will work alongside the Gupta’s ‘The New Age’ newspaper. Listen to the podcast here

The latest Mxit Brand Index has been released, revealing the top South African brands on Mxit on 31 August 2013. Several TV networks and local cinemas “Ster-Kinekor” reached top positions. Full story here

Nigeria is Facebook’s largest user base in Sub Saharan Africa with over 11 million users. With about 9.4 million users, South Africa is the second most populous country for Facebook in Sub Saharan Africa. Egypt is the most populous Facebook country in Africa as a whole with over 16.8 million users. Source: CP Africa